A study commissioned by First Solar analyzed the company’s actual and forecast U.S. spending in 2023 and 2026 when the company expects to have 14 GW of annual nameplate capacity across Alabama, Louisiana, and Ohio.
First Solar, a big solar panel manufacturer, said on Tuesday that it would invest up to $1.2 billion to build its fourth factory in the United States, in large part because Congress this month passed a major energy and climate bill that expands incentives for renewable energy.
A study commissioned by First Solar analyzed the company’s actual and forecast U.S. spending in 2023 and 2026 when the company expects to have 14 GW of annual nameplate capacity across Alabama, Louisiana, and Ohio.